Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
NASDAQ 100 TICKS DOWN (DTN:@TI5D)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @TI5D
The long term trend has been UP since Apr 11th, 2017 at 92
The intermediate term trend has been DOWN since Sep 11th, 2017 at 17
The short term trend has been UP since Oct 23rd, 2017 at 77
Smart Scan Analysis for @TI5D
Based on a pre-defined weighted trend formula for chart analysis, @TI5D scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).